Operating in the booming cannabidiol (“CBD”) market, PotNetwork Holding (OTC: POTN) researches, develops and sells premium hemp extracts throughout the U.S. and internationally. All of its products are made with federally legal hemp-derived CBD and are available in a variety of flavors and sizes tailored to exceed consumer needs and expectations. The primary operating entity of PotNetwork, Diamond CBD, Inc., produces and markets 15 different CBD brands that have gained international acceptance for both quality and consistency. A recent article expanded on the opportunity, “The future for the cannabidiol (CBD) market remains bright. Brightfield Group recently projected hemp-derived cannabidiol to become a billion-dollar market by 2020, given a current compound annual growth rate of 55 percent (http://cnw.fm/1p12N). PotNetwork Holding Inc. (OTC: POTN) recently published estimates by Hemp Business Journal (http://cnw.fm/mcF8R) suggesting that hemp-based CBD will be a $1.8 billion market by 2020. PotNetwork Holding, the holding company for Diamond CBD, has been quite active and dominant in the market and projects that the industry will exceed $2.1 billion by then. Diamond CBD has enjoyed success with its 15+ CBD brands and distribution network of more than 10,000 stores selling its products. SeeThruEquity, LLC has projected POTN to exceed $30 million in revenue by FY2019.”
Read the full article
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
Read More
PotNetwork Holding Inc. (POTN) Thrives in the Expanding CBD Market
